South Korea is preparing to strengthen oversight of cryptocurrency trading as authorities move closer to implementing a long-delayed tax on digital asset gains.

The country’s tax authority plans to deploy artificial intelligence to analyse cryptocurrency transaction data, aiming to identify investment profits and detect possible tax evasion before the new tax regime takes effect.

According to a report by The Korea Times on Thursday, the National Tax Service has opened a bid to build an AI-backed monitoring system designed to analyse large volumes of digital asset trading data.

The platform will form part of preparations for a cryptocurrency tax framework expected to begin in January 2027 as authorities expand oversight of the…